Top executives of Wells Fargo were grilled Tuesday by members of a Senate committee, with Sen. Elizabeth Warren (D-Massachusetts) calling the chief executive officer of the nation’s largest bank “gutless” and demanding that he resign. Wells Fargo was fined $185 million for creating checking and other banking accounts for customers without their permission or knowledge. Over 5,300 employees have been fired and the company apologized, but senior executives have not been discharged, John Stumpf admitted. He added that new safeguards to prevent a recurrence have been put in place.
Brangelina will break up after a dozen years
One of Hollywood’s longest-lasting public romances will soon be coming to an end. The Associated Press is reporting that Angelina Jolie Pitt, 41, is filing for divorce from husband Brad Pitt, citing “irreconcilable difference” with Pitt. She is seeking custody of their six children, with her ex allowed visitation rights. While the couple has been married only two years, they have been together for 12.
George H. W. Bush will vote for Hillary?
George Herbert Walker Bush was beaten in the 1992 race for the White House by one Clinton – Bill – but now some sources are saying he is ready to vote for Hillary Clinton for president. CNN is reporting that the 41st president has told friends and family members that he will break with tradition and back the Democrat. although the former chief executive has made no public statement. His son, George W. Bush, has not made a statement of the 2016 general election as well.
UN chief criticizes “bloody hands” in Syria
Leaders who “keep on feeding the war machine” were criticized Tuesday by outgoing United Nations Secretary General Ban Ki-Moon in an address on the ongoing three-sided civil war in Syria. Ki-Moon did not specific who he was referring to, but both the United State and Russia, as well as some Middle Eastern groups have taken a hand in the fighting. President Barack Obama, also addressing the UN for the last time, said there was no military solution to the crisis there and “It’s no surprise that some argue the future favors the strongman,” Obama said. “But I believe the road to true democracy remains the better path.”
Midday Update is posted weekdays as staff time permits.
Categories: The Wider World